President Muhammadu Buhari has commended Tony Elumelu’s vision of Africapitalism which spouses that Africa’s private sector must play a leading role in the continent’s development through long-term investments, entrepreneurship, and regional connectivity.

Buhari gave the commendation through his Senior Special Adviser on Media and Publicity, Femi Adesina.

The President who was reacting to the aming of the Chairman, United Bank for Africa, Tony Elumelu among Time 100 Most Influential People of 2020, said it was just a matter of time before Elumelu’s Africapitalism such caught global attention.

“Elumelu’s commitment to the development of African youths, whom he has given a voice and empowerment, investing $5,000 in 1,000 young entrepreneurs per year across 54 countries, pedestals him as a visionary, with milk of human kindness, ‘and such, among others, must have qualified him for the Time Hall of Fame,’ the statement said.


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